PTPTN Grants Full Loan For First Tier M40, Increased From 75%

Prime Minister Ismail Sabri Yaakob announced that the National Higher Education Fund Corporation (PTPTN) loan for students in the first tier of the M40 group will be increased from 75% to 100%.

He said the government also agreed to provide loans for the purchase of laptops to PTPTN borrowers in the M40 group.

The move was among efforts by the government to help students, he said when opening the Semarak Patriotik IPT 2022 at Universiti Pertahanan Nasional Malaysia (UPNM) in Kuala Lumpur today.

“The government always looks after the interests of students. Many more announcements will be made that will benefit them,” he said.

Ismail also said he was informed that the Malaysian Family cheap sale programme will be held at every institute of higher learning (IPT) from next month to address the issue of the rising cost of living among students.

Present at today’s event were higher education minister Noraini Ahmad, Sabah and Sarawak affairs minister Maximus Ongkili, chief secretary to the government Mohd Zuki Ali and Malaysian Armed Forces chief Affendi Buang.

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